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Latest business trend could be gold mine or money pit
A SHOE MANUFACTURER, a former telephone company and a onetime shrimp farmer are among Asia's 10 best performing stocks this year. Their new focus: mining. Shares of Nority International Ltd., a Hong Kong shoemaker that last week bought a stake in an iron ore explorer, have soared 6,411 percent in 2007. Mongolia Energy Ltd.
First Circuit revives false claims case involving NIH grant application
The U.S. Court of Appeals for the First Circuit has revived a False Claims Act case based on alleged falsifications in a grant application to the National Institutes of Health.
Credit Union Regulator Unveils New JPMorgan Suit as Courts Mull Time Limits for Agencies' Claims
Publication Date: 2012-12-17 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
In its biggest suit yet, the National Credit Union Administration claims Bear Stearns sold $3.6 billion in shoddy mortgage-backed securities to four failed credit unions. But just like the cases that the Federal Housing Finance Agency brought against a slew of banks, the NCUA suits are in limbo as federal appeals courts weigh whether the agencies waited too long to sue.
Previous deal lands new client for K&S
King Spalding partner Jack D. Capers Jr. landed client Eclipsys Corp., the Atlanta-based health care data technology company that last week announced plans for a $1.3 billion merger with Allscripts-Misys Healthcare Solutions Inc., because of a deal he closed a few years ago.That deal, he said, was the sale of Alpharetta-based medical software provider Per-Se Technologies to health care company McKesson Corp.
IP Litigation Roundup: More Bites at Apple
Publication Date: 2012-11-09 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
Apple had a lousy week in patent litigation. Not only did it lose a hefty infringement verdict to a small software company called VirnetX, but a rate-setting case against Motorola Mobility Inc. went off the rails on the eve of trial.
Smith Gambrell & Russell reports gains
One highlight of Smith Gambrell Russell's work in 2011-representing AirTran Airways in its sale to Southwest Airlines Co.-means the firm essentially is losing a major client.But for 2011, at least, revenue and profits both were up. The Atlanta-based firm of about 170 lawyers reported 2011 revenues of about $80 million, up 2.American Airlines attempts to head off big pay raises
AMERICAN AIRLINES, profitable again after racking up $8 billion in losses since 2001, faces a three-front battle to limit labor costs that are among the highest in the industry.The three unions representing American's employees want to make up for double-digit wage and benefit cuts back in 2003, when the company was on the brink of bankruptcy.TRENDING STORIES
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